Morning Reading

Arnold Kling

By Arnold Kling, Jan 22 2009

The Wall Street Journal reports on how TARP funds went to politically-connected banks. Barney Frank does a cameo.

Andy Harless might agree with what I wrote here (but he might not). Pointer from Mark Thoma.

Robert Barro draws an apt parallel between stimulus proponents and voodoo supply-siders.

Kidney Selling Coming Soon to Singapore!

The sweet voice of reason works swiftly in Singapore. Less than six months after I blogged about its Health Minister's interest in legalizing kidney sales, it's "almost certain to pass into law after another reading in Singapore's government-dominated parliament." The whole story:A controversial amendment t...

Jan 22 2009

Labor Market

Is Downward Nominal Wage Rigidity on the Way Out?

Bryan Caplan

More than one economist has told me that nominal wage rigidity is getting weaker during this recession. Now some journalists are saying the same thing (HT: Jacob Oost):More squeezed employers, though, are seeking an alternative to layoffs. They're turning to pay freezes, pay reductions and other cost-cutting opti...

Jan 22 2009

Finance: stocks, options, etc.

Morning Reading

Arnold Kling

The Wall Street Journal reports on how TARP funds went to politically-connected banks. Barney Frank does a cameo. Andy Harless might agree with what I wrote here (but he might not). Pointer from Mark Thoma. Robert Barro draws an apt parallel between stimulus proponents and voodoo supply-siders.

Morning Reading

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Kidney Selling Coming Soon to Singapore!

Is Downward Nominal Wage Rigidity on the Way Out?

Morning Reading